Ethereum Price Holds Ground – Indicators Suggest Fresh Surge To $2,120
Ethereum reacted to the downside and tested the $1,935 support. Ang presyo ay kinakalakal sa ibaba $2,020 at ang 100-oras na Simple Moving Average. Nagkaroon ng pahinga sa ibaba ng isang pangunahing tatsulok na pagkontrata na may suporta na malapit sa $ 2,025 sa oras-oras na tsart ng ETH USD (data feed sa pamamagitan ng Kraken). The pair is likely forming a double-bottom pattern and might outperform Bitcoin. Muling Pagbisita sa Presyo ng Ethereum $1,935 After facing rejection near the $2,090 zone, Ethereum price reacted to the downside. ETH traded below the $2,050 and $2,020 support level to enter a short-term bearish zone, like Bitcoin. There was also a break below a key contracting triangle with support near $2,025 on the hourly chart of ETH/USD. However, the bulls took a stand near the $1,935 support zone. It seems like Ether is likely forming a double-bottom pattern, while Bitcoin is forming a double-top near $38,000. Ethereum is now trading above the 23.6% Fib retracement level of the downward move from the $2,092 swing high to the $1,935 low. Immediate resistance is near the $2,000 zone. The first major resistance is near $2,020 or the 100-hourly Simple Moving Average. It is near the 61.8% Fib retracement level of the downward



